Md. Code, Education § 18-3203

Md. Code, Education § 18-3203
in effect
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(a) Subject to the availability of funds appropriated under subsection (b) of this section, the award amount under the Program shall be equal to the lesser of: (1) $5,000; or (2) 10% of the eligible individual’s total higher education loan debt for each year the individual qualifies for the Program. (b) The Governor annually shall include an appropriation of $100,000 in the State budget for the Commission to disburse assistance under this subtitle.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ged&section=18-3203&enactments=falseFetched: 10/16/2026

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